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20120925
20121003
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Search Results 0 to 13 of about 14 (some duplicates have been removed)
growth broke a four-month roadblock sparked an upbeat mood on the street. fed chief ben bernanke renewed the central bank's pledge to keep record low interest rates to spur the economy, even after it regains momentum. >>> analysts say winter holiday shopping will rise 4.1% this year. that's slightly lower than predictions for the past two years. >>> jpmorgan chase is the first target of a justice department investigation into the financial crisis. a civil lawsuit alleges bear stearns, bought by jpmorgan in a fire sale, carried out billions of dollars in mortgage-backed securities fraud. >>> american express has agreed to pay $112.5 million to settle federal charges of illegal late fees. >>> the multibillion-dollar fraud carried out by bernard madoff began as far back as the early 1970s. that's according to a rewritten indictment bringing new charges against four longtime madoff employees. >>> a trader joe's peanut butter recall linked to cases of salmonella has now spread to nut butter recalls at multiple national chains including whole foods, target and stop 'n shop. >>> honda is recall
that manufacturing growth broke a four-month roadblock sparked an upbeat mood on the street. fed chief ben bernanke renewed the central bank's pledge to keep record low interest rates to spur the economy even after if regains momentum. >>> analysts say winter holiday shopping will rise 4.1% this year. that's slightly lower than predictions for the past two years. >>> jpmorgan chase is the first target of the justice department investigation into the financial crisis. a civil lawsuit alleges bear stearns, bought by jpmorgan in a fire sale, carried out billions of dollars in mortgage-backed securities fraud. >>> american express has agreed to pay $112.5 million to settle federal charges of illegal late fees. >>> the multi-billion dollar fraud carried out by bernard madoff began as far back as the early 1970s. this is according to a rewritten indictment bringing new charges against four long-time madoff employees. >>> a trader joe's peanut butter recall linked to cases of salmonella has now spread to nut butter recalls at multiple national chains including whole foods, target and stop & shop. >>> hond
ben bernanke said the fed's latest stim tim was motivated by the need to get more americans back to work. we'll get a look at who is hiring right now. cheril casonny is back. >> good morning. and we want to start with medifad. and jenny craig are growing and hiring and so it is a great way to work out and get a job and help people out at the same time. 150 jobs by the end of the year. production and distribution and work in call center and many don't want to go to the centers ceo of the company was on my fox business show and asked him where the growth is coming from. >> we are coming out with 11 new products over the last few months and more in november. we have send great success and growing at over 20 percent. our growth rate is high. >> he had a lot of -- he took over his brother's position in the company. >> bj restaurant. >> from dieting to now food. burger frys and shakes. they are hiring and 123 casual dining restaurants 2400 to 3200 austin and veg and college station and hoim. aggies and voted best place to work. benefits. full-time and hourly employees are eligible for
's the one thing we need to know? >> we heard from ben bernanke yesterday. the federal reserve chief. he's a scholar of the great depression. he is pledging again, ladies, that we are going to avoid another great depression. he's promising to keep stimulus going until even after, even after the economy starts to recover to make sure we don't repeat the mistakes made into the 1930s, which is when we pulled our foot off the accelerator too soon in the economy, and just as it was starting to recover we started to tighten monetary policy and boom, threw the economy into the second great depression. the great depression scholar ben bernanke is trying everything we can to make sure we don't fall down again. >> it's comforting to hear that, isn't it? >> well, some people are concerned that it will cause inflation down the road but everyone is trying to keep the ship staling right now. >> all right. and you've got road warriors? >> that's right. another road warriors for you. if you're a business traveler, looking to meet others while you're on a trip, good news. there are now plenty of apps and
and that usually is a combination that the head of the federal reserve and ben bernanke and the new york fed and the treasury secretary so this is my statistically insignificant survey of wall street executives and who is in running for this job. jack lew is inside the white house and white house chief of staff pretty high marks. they think he is the most likely guy to be treasury secretary according to the people i talk to. major wall street ceos and the executive suite players i deal with. to comes after where it gets interesting the names that are bounced around erskine bowles from north carolina considered a moderate to conservative democrat bonn the president's deficit reduction committee with alan simpson and pretty good and we should point out he is there too but the president ignored a lot of his -- [talking over each other] >> he is seen as a guy who can bring democrats and republicans like him. the other guy out there whose name is bounced around and bounced around for four years is the ceo of black rock. i consider him a friend. the upside to larry is clearly there is no smarter g
, the person who coined the term looks like it was ben bernanke, federal reserve chairman. he used the term earlier this year. so also at the same time, we've got health reform coming in with new levies on investment. >> gretchen: new taxes? that would be coming at the same time. this is up to congress or the president? who needs to do something? >> here is the issue, depends on who wins and how the lay of the land will g depending on who wins the election. if the president wins reelection, you'll possibly see gridlock. now the talk is to just let them expire temporarily and then do a quick fix for everybody but the upper bracket, so that way you could say look, we passed a tax cut and we did raise taxes on the upper bracket. if mitt romney, then he'll probably say i need time to fashion a budget. i'll have to do this in 2013. there may be delay. in that case, in either scenario, the u.s. congress would say to the irs look, adjust the tax withholding tables and so until we deal with this. so it's not an open and shut case. everybody will see their tax rates go up or tax go up january 1. the
is benefitting our economy more broadly. >> that was chairman of the federal reserve ben bernanke yesterday discussing the fed's impact on the recovery of the housing market. and joining us now, co-host of cnbc's squawk on the street david faber, and doug lebda. good to have you both onboard this morning. it seems to me housing always seems like a separate issue that maybe didn't get talked about as much. is that retrospectively incorrect? because it does seem so fundamental, david. >> it's fundamental in the economy in many ways. certainly helped us during the boom period in housing that we saw adding to gdp, construction, and so many other things. people refinancing their homes. it hasn't been discussed that much, you're right, particularly given that the president seems to have backed off a bit, perhaps, on a number of plans that would've relieved people from mortgages that they otherwise are not in a great position to pay but there was a lot of political opposition to that. but housing is starting to come back. we are starting to see real signs of not just stabilization but even perhaps
Search Results 0 to 13 of about 14 (some duplicates have been removed)